by Mike Mott | Jan 27, 2023 | Boba Basics, Education
Decentralized finance Welcome to the world of self-custodial decentralized finance on Boba. In this environment, users have complete control over their own assets and are responsible for the security of their funds. This means that users can enjoy the benefits of...
by Mike Mott | Jan 27, 2023 | Education, Web3 Basics
What is a cryptocurrency A cryptocurrency (or crypto) is a record of ownership of a digital asset, that enables people to transmit digital value that only exists on a digital ledger known as a blockchain. It is built on a system that isn’t owned by one party, but...
by Mike Mott | Jan 27, 2023 | Education, Web3 Basics
What is a cryptocurrency wallet? A cryptocurrency wallet is an application that functions as an ‘interface’ for interacting with your crypto and other digital assets on the blockchain. Instead of what many people think, a wallet doesn’t actually contain your...
by Mike Mott | Jan 26, 2023 | Education, Boba Basics
What is a bridge? If you want to move assets from one blockchain to another, you’ll likely need a blockchain bridge to allow those assets to travel. Cryptocurrency bridges, blockchain bridges, or just bridges, are known as infrastructure tools that connect two...
by Mike Mott | Jan 25, 2023 | Education, Boba Basics
Bridge walkthrough (simplified) Using a scaling solution can be quite challenging because it often requires bridging assets from one blockchain to another. One of the main challenges that average non-crypto users face when trying to use crypto bridges is the learning...
